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Ttm Technologies Crosses Below its 10-day MA (TTMI)

By Nick Russo

Ttm Technologies (NASDAQ:TTMI) crossed under its 10-day moving average of $11.94 on a volume of 136K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Ttm Technologies share prices have moved between a 52-week high of $19.91 and a 52-week low of $8.97 and are now trading 32% above that low price at $11.82 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 1.6%.

SmarTrend recommended that subscribers consider buying shares of Ttm Technologies on January 15th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $10.82. Since that recommendation, shares of Ttm Technologies have risen 11.4%. We continue to monitor TTMI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ttm technologies

Ticker(s): TTMI